Not a good looking balance sheet.
Opex and debt costs rising, while revenue (where it counts atm) falling.
TV revenue trajectory is - as expected (the last gasps of a dying platform).
ARNs $38m 'investment' in SXL seems to have been a rather poor decision. At face value, they'd have been better off keeping their money in the bank and collecting 4-5% pa interest
Now, the obvious question - Where does this leave the ARN merger? There would have to be some unease in the other camp, given these numbers.
Cost/Benefit.. ?
Not a good looking balance sheet.Opex and debt costs rising,...
Add SXL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
71.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $171.5M | |||
| Open | High | Low | Value | Volume |
| 74.0¢ | 74.0¢ | 71.0¢ | $79.05K | 110.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 18483 | 71.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 71.5¢ | 5033 | 9 |
View Market Depth
| Last trade - 14.08pm 31/05/2024 (20 minute delay) ? |
|
|||||
|
Last
71.0¢ |
Change
0.000 ( 0.99 %) |
||||
| Open | High | Low | Volume | ||
| 72.0¢ | 72.5¢ | 71.0¢ | 18190 | ||
| Last updated 14.27pm 31/05/2024 ? | |||||
| SXL (ASX) Chart |